Site Archives For Tag "loan"
Home Affordable Mortgage Program Effect on Your Credit Score
This is a sponsored guest post written by Joel Jacobi on behalf of American Residential Law Group. Post powered by Sponzai.
Home Affordable Mortgage Program Effect on Your Credit Score
Borrowers who are opting for a mortgage modification pursuant to The Home Affordable Modification Program (HAMP) must go through a three month trial period before the lender […]
Popularity: 16% [?]
Know the Difference Between Trial and Permanent Loan Modification
This is a sponsored guest post written by Joel Jacobi on behalf of American Residential Law Group.
Most of my clients don’t understand the difference between a trial loan modification and a permanent loan modification. I’m writing this article to help homeowners better understand and navigate their way to successfully modify their home loan(s). Most homeowners understand only what they see in the paper or published reports. This is one reason why people are saying " I’m reading that everyone is getting help, but I’m getting nothing". The headlines read: 650,000 have received help under the new government modification program. What the article leaves out is the fact that these are all TRIAL loan modifications & all the information must be submitted again for review in 3-5 months.
Popularity: 15% [?]
